Letter: What’s really in Build Back Better?

Published: 11/27/2021 7:00:41 AM
Modified: 11/27/2021 7:00:14 AM

Our two congressional members, Pappas and Kuster, celebrated the passage of the Build Back Better Act. So, what’s really in this massive swerve to the left? First of all, remember all of those billionaires and millionaires who aren’t paying their “fair share?” When they now get to write off $80,000 in state and local taxes (SALT), up from $10,000. And then there are the millionaire plaintiff lawyers. Right now, the expenses of contingency-fee lawsuits are deferred until the lawsuit is settled. Pappas and Kuster voted to make these expensed as ordinary and necessary business expenses. These are D.C. values, not New Hampshire values.

President Biden promised the bill would “cost zero dollars.” Speaker Pelosi repeated the lie. Now comes the Congressional Budget Office (CBO) which estimates the deficit will be increased over $367 billion over 10 years. This is not exactly zero dollars, Mr. President, Madam Speaker. What will come out of the Senate sausage-making process is unclear. However, the Biden-Harris war on fossil fuel has already yielded high consumer prices for gas, home heating fuel, propane and natural gas. Included in this tragic bill is a methane “fee” said to increase a family’s bill by 17%. So much for not taxing anyone making less than $400,000. Sen. Hassan, are you paying attention?

Robert C. Washburn

Concord


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